Cryptocurrencies in the Top 200 Increased by Only 5% Over Five Years

Since October 2021, the 200 largest crypto assets have collectively increased by only 5%, while remaining approximately 35% below the long-term trend, according to crypto market analyst Jamie Kutt. According to him, the annual growth of new token supply has decreased from 26.5% to 3.3%, while payouts to token holders have increased fivefold. In the first eight months of 2026, crypto projects spent about $638 million on token buybacks, surpassing the $545 million spent in all of 2025. The market capitalization of altcoins has increased by approximately 45% since June. By the end of September, 87% of altcoins listed on Binance were trading above their 200-day moving averages. However, Kutt's index still shows only a 5% increase since October 2021, despite significant changes in token issuance and methods of returning value to holders.

As of October 5, the total market capitalization of the crypto market was approximately $2.98 trillion, with Bitcoin's share reaching 57%. According to CryptoQuant, demand for Bitcoin improved by 81,000 BTC from September 24 to October 1, although this figure remains negative. American spot Bitcoin ETFs attracted $2.39 billion from September 21 to 25. While Ethereum ETFs attracted $689.8 million, Solana funds garnered $188.1 million, and the following week saw a slowdown in inflows, with recorded outflows from Ethereum amounting to $118 million.

Kutt emphasizes that the decline in token issuance reduces supply pressure, but for sustainable growth, it is important that demand remains high. "Supply has outpaced demand," he noted, pointing to the impact of newly issued tokens, which diluted value for existing holders even amid growing crypto adoption.